Don Metal

History

2024: Completion of construction for 3.6 billion rubles of a valve plant

At the end of October 2024, it became known that Don-Metal completed the construction of a large metallurgical plant for the production of hot-rolled valves in Kamensk-Shakhtinsky, Rostov Region. The volume of investments in construction amounted to ₽3,6 billion, the technical launch of production is scheduled for December 2024, and the commissioning of the facility is scheduled for the first quarter of 2025.

According to Interfax, the production capacity of the new enterprise will reach 400 thousand tons of hot-rolled valves per year. As a result of the project, more than 250 jobs will be created for residents of the region.

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Freepik

A rolling shop with water treatment areas was built on the territory of the plant, an electric substation with a capacity of 35 kW was put into operation and a storage area was equipped. The company's specialists are installing rolling production equipment and laying internal water supply networks. In parallel, the construction of access railways and internal roads is carried out.

Don-Metal CEO Sergei Frolov noted that the investor is considering the possibility of building the second stage of rolling production at the same industrial site. The project can receive the status of a regional investment project and enter the "governor's hundred."

The history of the construction of the plant began in 2018, but in April 2020, work was suspended due to the coronavirus pandemic. In early October 2024, the owner of the enterprise changed - 100% of the shares of Don-Metal LLC were acquired by Infinity Capital LLC, affiliated with the owners of the Zagorsk Pipe Plant and Ural Steel.

Infinity Capital is owned by Vyacheslav Khodorovsky, who also holds the post of General Director of Infinity Krast LLC. The ownership structure of the latter is 99% owned by Infinity Capital, and 1% by Ural Steel Management Company, which manages Denis Safin's metallurgical assets.^[1]

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